{"id":966,"date":"2020-04-23T12:54:09","date_gmt":"2020-04-23T10:54:09","guid":{"rendered":"https:\/\/www.investguru.cz\/cs\/?p=966"},"modified":"2020-04-23T19:17:10","modified_gmt":"2020-04-23T17:17:10","slug":"hodnota-investicnich-aktiv","status":"publish","type":"post","link":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/","title":{"rendered":"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/cen1jbuOQyU?rel=0&amp;showinfo=0&amp;autoplay=1&amp;modestbranding=1\" width=\"720\" height=\"405\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" allow=\"autoplay\"><\/iframe><\/p>\n<h2>P\u0159epis videa<\/h2>\n<p>Na \u010dem vlastn\u011b z\u00e1vis\u00ed hodnota investi\u010dn\u00edch aktiv?<\/p>\n<p>Jak\u00fd je rozd\u00edl v ur\u010dov\u00e1n\u00ed hodnoty nap\u0159. Bitcoinu nebo zlata na stran\u011b jedn\u00e9. A nemovitost\u00ed nebo akci\u00ed na stran\u011b druh\u00e9?<\/p>\n<p>Je to d\u016fle\u017eit\u00e9 t\u00e9ma pro mnoho investor\u016f, proto\u017ee cht\u011bj\u00ed zn\u00e1t vnit\u0159n\u00ed hodnotu toho, co vlastn\u00ed, nebo cht\u011bj\u00ed vlastnit.<\/p>\n<p>A cht\u011bli by v\u011bd\u011bt n\u00e1hled na to, kam se tato hodnota bude vyv\u00edjet. Jestli m\u00e1 tendenci klesat nebo r\u016fst.<\/p>\n<p>M\u00e9 jm\u00e9no je Ale\u0161 Prandstetter. Jsem \u0161\u00e9fem spole\u010dnosti eFrank.cz. A z\u00e1rove\u0148 investi\u010dn\u00edm strat\u00e9gem spole\u010dnosti Fichtner s.r.o. Kapit\u00e1lov\u00fdmi trhy se zab\u00fdv\u00e1m u\u017e od minul\u00e9ho tis\u00edcilet\u00ed, d\u00e1 se \u0159\u00edci. Od roku 1994, kdy jsem skon\u010dil \u0161kolu.<\/p>\n<p>Ocen\u011bn\u00ed firem je od t\u00e9 doby vlastn\u011b m\u00fdm denn\u00edm chlebem. Proto\u017ee a\u0165 u\u017e jako analytik, nebo jako investi\u010dn\u00ed strat\u00e9g oce\u0148uji, nebo sna\u017e\u00edm se ur\u010dit hodnotu r\u016fzn\u00fdch investi\u010dn\u00edch aktiv.<\/p>\n<h2>Rozd\u00edl mezi Bitcoinem a akci\u00ed Applu<\/h2>\n<p>P\u0159i posledn\u00edm setk\u00e1n\u00ed InvestGuru \u017eiv\u011b, jsem tak\u00e9 dostal jednu z ot\u00e1zek pr\u00e1v\u011b na ur\u010dov\u00e1n\u00ed hodnoty. Ptal se mi n\u011bkdo na Bitcoin. A ptal se m\u011b n\u011bkdo na akcii Apple.<\/p>\n<p>B\u011bhem t\u00e9 na\u0161\u00ed diskuze vlastn\u011b do\u0161lo k tomu, \u017ee zat\u00edmco j\u00e1 jsem \u0159\u00edkal: <em>\u201eO Bitcoinu, hodnot\u011b Bitcoinu, nem\u00e1m \u00fapln\u011b ukotvenou p\u0159edstavu.\u201d<\/em> \u0158\u00edkal jsem, \u017ee Bitcoin m\u016f\u017ee o 50 &#8211; 80 % klesnout, stejn\u011b jako o 100 % vzr\u016fst.<\/p>\n<p>Tak o hodnot\u011b akcie Applu jsem dal relativn\u011b p\u0159esn\u011bj\u0161\u00ed p\u0159edstavu.<\/p>\n<p>Ten doty\u010dn\u00fd se m\u011b ptal: <em>\u201eJak to, \u017ee o t\u00e9 akcii Applu m\u00e1m mnohem jasn\u011bj\u0161\u00ed odpov\u011b\u010f ne\u017e o Bitcoinu.\u201d<\/em><\/p>\n<p>A j\u00e1 jsem vysv\u011btloval to, o co bych se s v\u00e1mi cht\u011bl pod\u011blit&#8230;<\/p>\n<h2>Jak\u00fd je v\u00fdnos?<\/h2>\n<p>U aktiv, kter\u00e1 nenesou \u017e\u00e1dn\u00fd v\u00fdnos, kter\u00e9 jsou spekulac\u00ed na budouc\u00ed hodnotu, se hodnota ur\u010duje mnohem h\u016f\u0159e.<\/p>\n<p>Je mnohem v\u00edce t\u011b\u017eko, mnohem m\u00e9n\u011b uchopiteln\u011b, ne\u017e u t\u011bch aktiv, u kter\u00fdch m\u00e1me n\u011bjak\u00fd v\u00fdnos. Kter\u00e9 n\u00e1m p\u0159in\u00e1\u0161\u00ed n\u011bjak\u00fd b\u011b\u017en\u00fd v\u00fdnos, a\u0165 u\u017e ro\u010dn\u00ed, kvart\u00e1ln\u00ed, nebo b\u011bhem ur\u010dit\u00e9 \u010dasov\u00e9 doby.<\/p>\n<p>Na z\u00e1klad\u011b takov\u00e9ho v\u00fdnosu se d\u00e1 pr\u00e1v\u011b hodnota toho dan\u00e9ho aktiva odvodit. A\u0165 u\u017e l\u00e9pe, \u010di h\u016f\u0159e. <\/p>\n<p>Samoz\u0159ejm\u011b mus\u00edm po\u010d\u00edtat s budoucnost\u00ed. Mus\u00edm po\u010d\u00edtat s t\u00edm, jak\u00e9 p\u0159\u00edjmy m\u011b \u010dekaj\u00ed v budoucnu. <strong>To samoz\u0159ejm\u011b je ten z\u00e1kladn\u00ed k\u00e1men \u00farazu.<\/strong> Pro ur\u010den\u00ed hodnoty takov\u00e9ho aktiva. <\/p>\n<p>Ale m\u00e1m ur\u010ditou kotvu. M\u00e1m kotvu, ke kter\u00e9 se m\u016f\u017eu v\u017edy vr\u00e1tit a v\u017edy upravit p\u0159\u00edpadn\u011b to hodnocen\u00ed toho dan\u00e9ho aktiva.<\/p>\n<p>Jakmile m\u00e1m n\u00e1jem, dok\u00e1\u017eu ur\u010dit hodnotu nemovitosti.<br \/>\nJakmile m\u00e1m p\u0159edstavu o budouc\u00edch p\u0159\u00edjmech na akcii, mohu z toho odvodit budouc\u00ed cenu akcie.<\/p>\n<p>Samoz\u0159ejm\u011b na kapit\u00e1lov\u00e9m trhu najdeme akcie, u nich\u017e hodnota se odvozuje od aktiva, kter\u00e9 je spekula\u010dn\u00ed. \u0158ekn\u011bme nap\u0159\u00edklad zlato. Jsou firmy, kter\u00e9 produkuj\u00ed zlato, a u nich nez\u00e1vis\u00ed ani tak na tom, jak\u00fdm zp\u016fsobem zrovna provozn\u011b hospoda\u0159\u00ed. Ale sp\u00ed\u0161 na v\u00fdhledu tohoto spekula\u010dn\u00edho aktiva, kter\u00fdm je v tomto p\u0159\u00edpad\u011b zlato. Nebo obecn\u011b t\u011b\u017eebn\u00ed spole\u010dnosti.<\/p>\n<p>Sp\u00ed\u0161 jejich hodnota je odvisl\u00e1 od cen toho, co t\u011b\u017e\u00ed. Ne\u017e od toho, jak\u00fd maj\u00ed zrovna moment\u00e1ln\u011b zisk, nebo jak\u00fd je v\u00fdhled jejich zisku. Respektive v\u00fdhled jejich zisku se odv\u00edj\u00ed od hodnoty toho dan\u00e9ho aktiva.<\/p>\n<h2>Hodnota Bitcoinu a zlata<\/h2>\n<p>Pro Bitcoin a zlato plat\u00ed, \u017ee to, jestli zlato chceme kupovat nebo prod\u00e1vat, z\u00e1vis\u00ed na na\u0161em o\u010dek\u00e1v\u00e1n\u00ed ohledn\u011b toho, jestli bude popt\u00e1vka po zlat\u011b a po Bitcoinu, nebo jestli bude vy\u0161\u0161\u00ed nab\u00eddka. A ceny p\u016fjdou t\u0159eba dol\u016f.<\/p>\n<p>V t\u011bchto p\u0159\u00edpadech, kdy vlastn\u011b nem\u00e1me ten b\u011b\u017en\u00fd v\u00fdnos, nem\u016f\u017eeme se t\u011b\u0161it t\u00edm, \u017ee po\u010dk\u00e1me a zat\u00edm vlastn\u011b dost\u00e1v\u00e1me n\u011bjak\u00fd p\u0159\u00edjem z t\u011bchto aktiv. Nem\u00e1me tento p\u0159\u00edjem, ze kter\u00e9ho se m\u016f\u017eeme t\u011b\u0161it.<\/p>\n<p>Tud\u00ed\u017e v\u0161echno je na b\u00e1zi toho, jakou spekulativn\u00ed hodnotu do budoucna v tom dan\u00e9m aktivu vid\u00edm. <\/p>\n<p>Pokud m\u00e1m akcie, dluhopisy, nemovitosti, d\u00e1 se pom\u011brn\u011b jednodu\u0161e jakoby \u017e\u00edt, z toho b\u011b\u017en\u00e9ho v\u00fdnosu. Nemus\u00edm s t\u00edm aktivem nic d\u011blat, abych si pokryl t\u0159eba sv\u00e9 \u017eivotn\u00ed pot\u0159eby nebo n\u00e1klady na sv\u00e9 \u017eivotn\u00ed pot\u0159eby.<\/p>\n<p>U zlata, pokud budu z n\u011bj cht\u00edt n\u011bjak\u00fdm zp\u016fsobem z n\u011bj \u017e\u00edt, tak v\u017edycky mus\u00edm kousek uprodat, abych pokryl n\u011bjak\u00e9 svoje n\u00e1klady. To znamen\u00e1, j\u00e1 mus\u00edm jakoby \u010derpat z t\u00e9 podstaty, ani\u017e bych mohl spol\u00e9hat na to, \u017ee dostanu n\u011bjak\u00fd automatick\u00fd v\u00fdnos.<\/p>\n<p><strong>Samoz\u0159ejm\u011b je rozd\u00edl mezi zlatem a Bitcoinem.<\/strong><\/p>\n<p>Zat\u00edmco Bitcoin je novodob\u00fd fenom\u00e9n, tak jeho cena je je\u0161t\u011b m\u00e9n\u011b uchopiteln\u00e1 ne\u017e cena zlata. <\/p>\n<p>U zlata se p\u0159ece jen p\u0159edpokl\u00e1d\u00e1, nebo je takov\u00fd v\u0161eobecn\u00fd spole\u010densk\u00fd \u00fazus, \u017ee n\u011bjak\u00fdm zp\u016fsobem dr\u017e\u00ed hodnotu.<\/p>\n<p>To znamen\u00e1, pohybuje se v cen\u011b zhruba v intenc\u00edch inflace. Ale samoz\u0159ejm\u011b existuj\u00ed obdob\u00ed, kdy toto neplat\u00ed, a kdy se cena zlata n\u011bjak\u00fdm zp\u016fsobem v\u00fdrazn\u011b odchyluje od inflace. Respektive zhodnocen\u00ed zlata se v\u00fdrazn\u011b odchyluje od inflace.<\/p>\n<p>Takov\u00e1 obdob\u00ed jsou pom\u011brn\u011b \u010dast\u00e1.<\/p>\n<figure id=\"attachment_967\" aria-describedby=\"caption-attachment-967\" style=\"width: 888px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/historical-gold-prices-100-year-chart-2020-04-22-macrotrends.png\" alt=\"\" width=\"888\" height=\"560\" class=\"size-full wp-image-967\" srcset=\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/historical-gold-prices-100-year-chart-2020-04-22-macrotrends.png 888w, https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/historical-gold-prices-100-year-chart-2020-04-22-macrotrends-300x189.png 300w, https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/historical-gold-prices-100-year-chart-2020-04-22-macrotrends-768x484.png 768w\" sizes=\"(max-width: 888px) 100vw, 888px\" \/><figcaption id=\"caption-attachment-967\" class=\"wp-caption-text\">Historick\u00fd v\u00fdvoj ceny zlata po zapo\u010dten\u00ed inflace. <small>Zdroj: <a href=\"https:\/\/www.macrotrends.net\/1333\/historical-gold-prices-100-year-chart\">Macrotrends<\/a><\/small><\/figcaption><\/figure>\n<p>Zlato celkem jednodu\u0161e m\u016f\u017ee svoji hodnotou p\u0159est\u0159elit nebo naopak podstatn\u011b j\u00edt dol\u016f. Oproti n\u011bjak\u00e9 vnit\u0159n\u00ed hodnot\u011b, kter\u00e1 je zalo\u017eena na n\u011bjak\u00e9 d\u00e1 se \u0159\u00edct spole\u010densk\u00e9 domluv\u011b. O tom, kolik to zlato vlastn\u011b vyn\u00e1\u0161\u00ed a p\u0159in\u00e1\u0161\u00ed.<\/p>\n<h2>Nespekulujte, ale stavte na pr\u016fb\u011b\u017en\u00e9m v\u00fdnosu<\/h2>\n<p>J\u00e1 ne\u0159\u00edk\u00e1m, \u017ee apriori investor by nem\u011bl vlastnit \u017e\u00e1dn\u00e9 zlato. \u017de by se nem\u011bl dotknout ani p\u016flky Bitcoinu.<\/p>\n<p>Nicm\u00e9n\u011b investi\u010dn\u00edm z\u00e1kladem pro ka\u017ed\u00e9ho investora by m\u011bly tvo\u0159it aktiva, kter\u00e1 vytv\u00e1\u0159ej\u00ed n\u011bjak\u00fd b\u011b\u017en\u00fd v\u00fdnos. <\/p>\n<p>Za prv\u00e9 proto, \u017ee ten b\u011b\u017en\u00fd v\u00fdnos ur\u010dit\u00fdm zp\u016fsobem ur\u010duje cenu aktiva.<\/p>\n<p>A za druh\u00e9 tento b\u011b\u017en\u00fd p\u0159\u00edjem m\u016f\u017ee b\u00fdt z\u00e1kladem pro finan\u010dn\u00ed nez\u00e1vislost. Pro rentu, kter\u00e1 sama o sob\u011b nem\u00e1 tendenci p\u0159\u00edli\u0161 kol\u00edsat.<\/p>\n<p>Ten b\u011b\u017en\u00fd p\u0159\u00edjem je v\u011bt\u0161inou mnohem m\u00e9n\u011b kol\u00edsaj\u00edc\u00ed ne\u017e hodnota toho dan\u00e9ho aktiva.  V tom vlastn\u011b spat\u0159uji nejv\u011bt\u0161\u00ed v\u00fdhodu toho m\u00edt aktivum, kter\u00e9 nese ten b\u011b\u017en\u00fd p\u0159\u00edjem.<\/p>\n<p>P\u0159\u00edjem m\u00e1m, ten je mnohem m\u00e9n\u011b kol\u00edsav\u00fd. Od n\u011bj odvisl\u00e1 cena aktiv je mnohem m\u00e9n\u011b kol\u00edsav\u00e1. A z\u00e1rove\u0148 tady m\u00e1m n\u011bjak\u00fd op\u011brn\u00fd bod, o kter\u00fd se m\u016f\u017eu op\u0159\u00edt, kdy\u017e usuzuji na cenu toho aktiva.<\/p>\n<p>Pokud v\u00e1s nejen kapit\u00e1lov\u00e9 trhy a oce\u0148ov\u00e1n\u00ed r\u016fzn\u00fdch druh\u016f aktiv zaj\u00edm\u00e1, a zaj\u00edm\u00e1te se celkov\u011b t\u0159eba o investov\u00e1n\u00ed jako takov\u00e9, pod\u00edvejte se na n\u00e1\u0161 4d\u00edln\u00fd tr\u00e9nink InvestGuru. Tam se dozv\u00edte v\u00edce nejen ode mn\u011b, ale i od m\u00fdch koleg\u016f.<\/p>\n<h2>A co si mysl\u00edte vy?<\/h2>\n<p>Mysl\u00edte si, \u017ee cena zlata nebo cena Bitcionu se d\u00e1 ur\u010dit a p\u0159edpov\u011bd\u011bt l\u00e9pe ne\u017e cena akci\u00ed, dluhopis\u016f nebo realit?<\/p>\n<p>Napi\u0161te mi. R\u00e1d uvid\u00edm va\u0161e n\u00e1zory a p\u0159\u00edpadn\u011b odpov\u00edm na ot\u00e1zky, kter\u00e9 budete m\u00edt.<\/p>\n<p>A\u0165 u\u017e investujete do \u010dehokoliv, zlata, st\u0159\u00edbra, Bitcoinu nebo jako j\u00e1 d\u00e1v\u00e1te sp\u00ed\u0161e p\u0159ednost takov\u00fdm t\u011bm fundament\u00e1ln\u011bj\u0161\u00edm investic\u00edm, jako akci\u00edm, dluhopis\u016fm nebo realit\u00e1m, p\u0159eji v\u00e1m ka\u017edop\u00e1dn\u011b mnoho \u00fasp\u011bch\u016f.<\/p>\n<p>M\u011bjte se hezky, nashledanou.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin nebo zlato na stran\u011b jedn\u00e9 a nemovitosti nebo akcie na stran\u011b druh\u00e9.<\/p>\n","protected":false},"author":7,"featured_media":972,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4],"tags":[26,18,17,6],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv - InvestGuru.cz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pragmatick\u00fd pohled na vnit\u0159n\u00ed hodnotu investi\u010dn\u00edch aktiv\" \/>\n<meta property=\"og:description\" content=\"Podle \u010deho ur\u010dovat hodnotu Bitcoinu, zlata, nemovitost\u00ed a akci\u00ed?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\" \/>\n<meta property=\"og:site_name\" content=\"InvestGuru.cz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Fichtner-sro-185375650667\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-23T10:54:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-23T17:17:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/ig-hodnota-aktiv-social.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ale\u0161 Prandstetter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Napsal(a)\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ale\u0161 Prandstetter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Odhadovan\u00e1 doba \u010dten\u00ed\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minut\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\"},\"author\":{\"name\":\"Ale\u0161 Prandstetter\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/#\/schema\/person\/bb106689aab5f812c246ec93624ae141\"},\"headline\":\"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv\",\"datePublished\":\"2020-04-23T10:54:09+00:00\",\"dateModified\":\"2020-04-23T17:17:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\"},\"wordCount\":1381,\"commentCount\":8,\"publisher\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg\",\"keywords\":[\"akcie\",\"kryptom\u011bny\",\"nemovitosti\",\"zlato\"],\"articleSection\":[\"Video tipy\"],\"inLanguage\":\"cs\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\",\"url\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\",\"name\":\"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv - InvestGuru.cz\",\"isPartOf\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg\",\"datePublished\":\"2020-04-23T10:54:09+00:00\",\"dateModified\":\"2020-04-23T17:17:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#breadcrumb\"},\"inLanguage\":\"cs\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"cs\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage\",\"url\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg\",\"contentUrl\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg\",\"width\":880,\"height\":360},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Dom\u016f\",\"item\":\"https:\/\/www.investguru.cz\/cs\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/#website\",\"url\":\"https:\/\/www.investguru.cz\/cs\/\",\"name\":\"InvestGuru.cz\",\"description\":\"Vzd\u011bl\u00e1n\u00ed pro budouc\u00ed renti\u00e9r\u016f na cest\u011b k finan\u010dn\u00ed svobod\u011b\",\"publisher\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.investguru.cz\/cs\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"cs\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/#organization\",\"name\":\"InvestGuru\",\"url\":\"https:\/\/www.investguru.cz\/cs\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"cs\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2018\/08\/ig.png\",\"contentUrl\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2018\/08\/ig.png\",\"width\":600,\"height\":160,\"caption\":\"InvestGuru\"},\"image\":{\"@id\":\"https:\/\/www.investguru.cz\/cs\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Fichtner-sro-185375650667\/\",\"https:\/\/www.linkedin.com\/company\/fichtner-s-r-o-\/\",\"https:\/\/www.youtube.com\/channel\/UCPT7GD3SrdsxmnD-sPuV3WA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/#\/schema\/person\/bb106689aab5f812c246ec93624ae141\",\"name\":\"Ale\u0161 Prandstetter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"cs\",\"@id\":\"https:\/\/www.investguru.cz\/cs\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2019\/05\/ales-1-150x150.jpg\",\"contentUrl\":\"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2019\/05\/ales-1-150x150.jpg\",\"caption\":\"Ale\u0161 Prandstetter\"},\"description\":\"Ale\u0161 je investi\u010dn\u00ed strat\u00e9g a praktik, kter\u00fd ji\u017e od roku 1994 sb\u00edr\u00e1 finan\u010dn\u00ed zku\u0161enosti v PPF, IPB, \u010cSOB a dal\u0161\u00edch finan\u010dn\u00edch spole\u010dnostech.\",\"url\":\"https:\/\/www.investguru.cz\/cs\/author\/alesprandstetter\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv - InvestGuru.cz","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/","og_locale":"cs_CZ","og_type":"article","og_title":"Pragmatick\u00fd pohled na vnit\u0159n\u00ed hodnotu investi\u010dn\u00edch aktiv","og_description":"Podle \u010deho ur\u010dovat hodnotu Bitcoinu, zlata, nemovitost\u00ed a akci\u00ed?","og_url":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/","og_site_name":"InvestGuru.cz","article_publisher":"https:\/\/www.facebook.com\/Fichtner-sro-185375650667\/","article_published_time":"2020-04-23T10:54:09+00:00","article_modified_time":"2020-04-23T17:17:10+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/ig-hodnota-aktiv-social.png","type":"image\/png"}],"author":"Ale\u0161 Prandstetter","twitter_card":"summary_large_image","twitter_misc":{"Napsal(a)":"Ale\u0161 Prandstetter","Odhadovan\u00e1 doba \u010dten\u00ed":"7 minut"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#article","isPartOf":{"@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/"},"author":{"name":"Ale\u0161 Prandstetter","@id":"https:\/\/www.investguru.cz\/cs\/#\/schema\/person\/bb106689aab5f812c246ec93624ae141"},"headline":"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv","datePublished":"2020-04-23T10:54:09+00:00","dateModified":"2020-04-23T17:17:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/"},"wordCount":1381,"commentCount":8,"publisher":{"@id":"https:\/\/www.investguru.cz\/cs\/#organization"},"image":{"@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg","keywords":["akcie","kryptom\u011bny","nemovitosti","zlato"],"articleSection":["Video tipy"],"inLanguage":"cs","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/","url":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/","name":"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv - InvestGuru.cz","isPartOf":{"@id":"https:\/\/www.investguru.cz\/cs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage"},"image":{"@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg","datePublished":"2020-04-23T10:54:09+00:00","dateModified":"2020-04-23T17:17:10+00:00","breadcrumb":{"@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#breadcrumb"},"inLanguage":"cs","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/"]}]},{"@type":"ImageObject","inLanguage":"cs","@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#primaryimage","url":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg","contentUrl":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2020\/04\/apr-hodnota-blog.jpg","width":880,"height":360},{"@type":"BreadcrumbList","@id":"https:\/\/www.investguru.cz\/cs\/hodnota-investicnich-aktiv\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Dom\u016f","item":"https:\/\/www.investguru.cz\/cs\/"},{"@type":"ListItem","position":2,"name":"Pragmatick\u00fd pohled na hodnotu investi\u010dn\u00edch aktiv"}]},{"@type":"WebSite","@id":"https:\/\/www.investguru.cz\/cs\/#website","url":"https:\/\/www.investguru.cz\/cs\/","name":"InvestGuru.cz","description":"Vzd\u011bl\u00e1n\u00ed pro budouc\u00ed renti\u00e9r\u016f na cest\u011b k finan\u010dn\u00ed svobod\u011b","publisher":{"@id":"https:\/\/www.investguru.cz\/cs\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investguru.cz\/cs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"cs"},{"@type":"Organization","@id":"https:\/\/www.investguru.cz\/cs\/#organization","name":"InvestGuru","url":"https:\/\/www.investguru.cz\/cs\/","logo":{"@type":"ImageObject","inLanguage":"cs","@id":"https:\/\/www.investguru.cz\/cs\/#\/schema\/logo\/image\/","url":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2018\/08\/ig.png","contentUrl":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2018\/08\/ig.png","width":600,"height":160,"caption":"InvestGuru"},"image":{"@id":"https:\/\/www.investguru.cz\/cs\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Fichtner-sro-185375650667\/","https:\/\/www.linkedin.com\/company\/fichtner-s-r-o-\/","https:\/\/www.youtube.com\/channel\/UCPT7GD3SrdsxmnD-sPuV3WA"]},{"@type":"Person","@id":"https:\/\/www.investguru.cz\/cs\/#\/schema\/person\/bb106689aab5f812c246ec93624ae141","name":"Ale\u0161 Prandstetter","image":{"@type":"ImageObject","inLanguage":"cs","@id":"https:\/\/www.investguru.cz\/cs\/#\/schema\/person\/image\/","url":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2019\/05\/ales-1-150x150.jpg","contentUrl":"https:\/\/www.investguru.cz\/cs\/wp-content\/uploads\/2019\/05\/ales-1-150x150.jpg","caption":"Ale\u0161 Prandstetter"},"description":"Ale\u0161 je investi\u010dn\u00ed strat\u00e9g a praktik, kter\u00fd ji\u017e od roku 1994 sb\u00edr\u00e1 finan\u010dn\u00ed zku\u0161enosti v PPF, IPB, \u010cSOB a dal\u0161\u00edch finan\u010dn\u00edch spole\u010dnostech.","url":"https:\/\/www.investguru.cz\/cs\/author\/alesprandstetter\/"}]}},"_links":{"self":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts\/966"}],"collection":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/comments?post=966"}],"version-history":[{"count":3,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts\/966\/revisions"}],"predecessor-version":[{"id":970,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/posts\/966\/revisions\/970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/media\/972"}],"wp:attachment":[{"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/media?parent=966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/categories?post=966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investguru.cz\/cs\/wp-json\/wp\/v2\/tags?post=966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}